Albany Schenectady Green County Agricultural & Historical Society
Albany Schenectady Green County Agricultural & Historical Society shows stable finances with consistent asset growth and no reported officer compensation.
EIN: 141368263 · Altamont, NY · Updated: 2026-03-28
Is Albany Schenectady Green County Agricultural & Historical Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Albany Schenectady Green County Agricultural & Historical Society directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Albany Schenectady Green County Agricultural & Historical Society
Albany Schenectady Green County Agricultural & Historical Society (EIN: 141368263) is a nonprofit organization based in Altamont, NY. The organization reported total revenue of $1.9M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albany Schenectady Green County Agricultural & Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albany Schenectady Green County Agricultural & Historical Society is a mid-size nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$224K |
| Total Assets | $2.4M |
| Total Liabilities | $555K |
| Net Assets | $1.9M |
| Operating Margin | 11.6% |
| Debt-to-Asset Ratio | 22.7% |
| Months of Reserves | 17.3 months |
Financial Health Grade: A
In 2022, Albany Schenectady Green County Agricultural & Historical Society reported a surplus of $224K with revenue exceeding expenses, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 22.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Albany Schenectady Green County Agricultural & Historical Society's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +40.5% | +41.5% | -2.8% |
| 2021 | +369.1% | +127.9% | +21.3% |
| 2020 | -77.7% | -62.2% | -2.1% |
| 2019 | -2.5% | +3.9% | -3.2% |
| 2018 | -1.6% | +7.5% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Albany Schenectady Green County Agricultural & Historical Society with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Albany Schenectady Green County Agricultural & Historical Society allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $224K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting either that no officers receive compensation or that it is categorized differently, which is a positive indicator for resource allocation if accurate for an organization with revenues nearing $2 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Albany Schenectady Green County Agricultural & Historical Society's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency assessment difficult.
Strengths
The following positive indicators were identified for Albany Schenectady Green County Agricultural & Historical Society:
- Consistent financial stability with revenues generally exceeding expenses.
- Healthy asset-to-liability ratio, indicating strong financial health ($2,448,589 assets vs. $555,266 liabilities in 2022).
- No reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
- Demonstrated recovery in revenue post-2020, indicating resilience and effective operational management.
Frequently Asked Questions about Albany Schenectady Green County Agricultural & Historical Society
Is Albany Schenectady Green County Agricultural & Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Albany Schenectady Green County Agricultural & Historical Society (EIN: 141368263) some concerns. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
How does Albany Schenectady Green County Agricultural & Historical Society spend its money?
Albany Schenectady Green County Agricultural & Historical Society directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Albany Schenectady Green County Agricultural & Historical Society tax-deductible?
Albany Schenectady Green County Agricultural & Historical Society is registered as a tax-exempt nonprofit (EIN: 141368263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Albany Schenectady Green County Agricultural & Historical Society a good charity?
Based on the available data, the organization appears to be financially stable with consistent revenue and asset growth, and no reported officer compensation. However, a definitive 'good' rating would benefit from a detailed breakdown of program spending versus administrative and fundraising costs.
What caused the significant drop in revenue in 2020?
The revenue dropped from $1,310,991 in 2019 to $292,127 in 2020, likely due to the impact of the COVID-19 pandemic on events and activities typical for an agricultural and historical society.
How does the organization manage its liabilities?
The organization consistently maintains assets significantly higher than its liabilities, for example, $2,448,589 in assets versus $555,266 in liabilities in 2022, indicating sound financial management and ability to cover its obligations.
Filing History
IRS 990 filing history for Albany Schenectady Green County Agricultural & Historical Society showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Albany Schenectady Green County Agricultural & Historical Society's revenue has grown by 23.7%, moving from $1.6M to $1.9M. Total assets increased by 40% over the same period, from $1.7M to $2.4M. Total functional expenses rose by 26.9%, from $1.3M to $1.7M. In its most recent filing year (2022), Albany Schenectady Green County Agricultural & Historical Society reported a surplus of $224K, with revenue exceeding expenses. The organization holds $555K in liabilities against $2.4M in assets (debt-to-asset ratio: 22.7%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.9M | $1.7M | $2.4M | $555K | — | — |
| 2021 | $1.4M | $1.2M | $2.5M | $851K | — | View 990 |
| 2020 | $292K | $528K | $2.1M | $575K | — | View 990 |
| 2019 | $1.3M | $1.4M | $2.1M | $384K | — | View 990 |
| 2018 | $1.3M | $1.3M | $2.2M | $368K | — | View 990 |
| 2017 | $1.4M | $1.3M | $2.2M | $382K | — | View 990 |
| 2016 | $1.2M | $1.2M | $2.1M | $365K | — | View 990 |
| 2015 | $1.2M | $1.2M | $2.0M | $393K | — | View 990 |
| 2014 | $1.2M | $1.3M | $1.9M | $333K | — | View 990 |
| 2013 | $1.3M | $1.3M | $2.0M | $357K | — | View 990 |
| 2012 | $1.2M | $1.2M | $1.7M | $118K | — | View 990 |
| 2011 | $1.6M | $1.3M | $1.7M | $156K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.9M, expenses of $1.7M, and assets of $2.4M (revenue +40.5% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.2M, and assets of $2.5M (revenue +369.1% year-over-year).
- 2020: Revenue of $292K, expenses of $528K, and assets of $2.1M (revenue -77.7% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.4M, and assets of $2.1M (revenue -2.5% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $2.2M (revenue -1.6% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.3M, and assets of $2.2M (revenue +10.6% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $2.1M (revenue -0.6% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $2.0M (revenue +1.0% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $1.9M (revenue -8.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $2.0M (revenue +9.4% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $1.7M (revenue -20.9% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.3M, and assets of $1.7M.
Data Sources and Methodology
This transparency report for Albany Schenectady Green County Agricultural & Historical Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.